David Saks' Blog

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David Saks is a musician, retired real estate broker, and long-time ActiveRain member. David's blog features important information relevant to the safety, integrity and security of the industry. In addition to his widely read real estate fraud blog, a comprehensive overview of real estate continuing education is a weekly addition for his subscribers and the ActiveRain community at-large. Thank you for subscribing to and for visiting David's ActiveRain home on the internet. Please join. Membership in ActiveRain will enrich your life !

ARCHIVED BLOG POSTS

2013 

Former Hendersonville Title Company Owner Indicted for Wire and Bank Fraud Indictment Alleges More Than $2 Million Embezzled U.S. Attorney’s Office January 08, 2013 Middle District of Tennessee (615) 736-5151   NASHVILLE—Garry Christopher Forsythe, 40, of Hendersonville, Tennessee, was indicted ...
01/11/2013
Five Arrested in Orange County-Based ‘Builder Bailout’ Mortgage Fraud Scheme That Fraudulently Purchased Condos U.S. Attorney’s Office January 10, 2013 Central District of California (213) 894-2434   SANTA ANA, CA—Federal authorities have arrested five people allegedly involved in a “builder bai...
01/10/2013
Wabaunsee County Woman Pleads Guilty to Mortgage Fraud U.S. Attorney’s Office January 08, 2013 District of Kansas (316) 269-6481   TOPEKA, KS—A woman from Wabaunsee County, Kansas, has pleaded guilty to mortgage fraud, U.S. Attorney Barry Grissom said today. Linda Kay Miller, 50, Alma, Kansas, p...
01/09/2013
Mortgage Broker Sentenced for Federal Offenses U.S. Attorney’s Office January 08, 2013 District of Hawaii (808) 541-2850   HONOLULU—Estrellita “Esther” Garo Miguel, age 62, a Honolulu mortgage broker who operated the business Easy Mortgage, was sentenced yesterday to 52 months’ imprisonment by C...
01/08/2013
Attorney Arrested in Connection with $30 Million Mortgage Fraud Scheme U.S. Attorney’s Office January 07, 2013 District of New Jersey (973) 645-2888   NEWARK—An attorney formerly licensed in New Jersey was arrested this morning in connection with a long-running, large-scale mortgage fraud scheme...
01/08/2013
Closing Attorney Charged with Wire Fraud in Mortgage Loan Scheme U.S. Attorney’s Office January 07, 2013 Northern District of Alabama (205) 244-2001   BIRMINGHAM—Federal prosecutors have charged a Birmingham real estate lawyer with wire fraud in connection with a nearly $1 million mortgage fraud...
01/07/2013
                                                                       #2000 When we consider the words broker and REALTOR® are they alike or unrelated ? Take your time. The answer is posted below the photo. A. The terms are unrelated . A broker is a real estate licensee and a REALTOR® is a membe...
01/07/2013
                                                     #1999 A beneficiary is someone who is a decendant of Benny Fish. Is this fact true or false ? Please remember to take your time. The answer is posted below the wildlife photo if it's too tough for you. A. False A beneficiary is a person or enti...
01/07/2013
                                                           #1398 A bearer is one who searches for objects that reflect the life of a bear when decorating a home or staging. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo.   A. False A bearer is ...
01/07/2013
                                                        #1997 When we talk about the intitial basis we're referring to the basic reason why a buyer wanted to buy a home in the first place. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo. A. Fals...
01/07/2013
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David Saks

Broker / Industry Analyst
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Most real estate fraud-related articles and Department of Justice Press Releases published here are taken from the public record, which normally include press releases and court documents related to each entry and case. Any other type of record, i.e. newspaper reports, are only published after consent has been obtained from the original publisher.
Nothing will be published that has not been verified via the public record or consent provided.
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